By  on January 10, 2019

Falabella, South America’s leading department-store network, is boosting its digital footprint with plans to invest $1.6 billion in IT and logistics as well as to flesh out its recently acquired e-tailer Linio.

The move is part of a $4.2 billion investment plan for the 2019-22 period in which the multiformat retail and financing group will open 95 stores and five shopping malls.

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